What do people want in a co-founder?

co-founder matching platform</a> about 3 months ago. There are now 16,000 co-founder profiles on the platform. Potential co-founders have sent 130,000 matching invites through the platform, and, with a 25% acceptance rate, we’ve seen a total of 33,000 matches.We now have enough data to identify some interesting trends among our co-founder profiles and matches.<h1 id=\"who-are-the-founders-on-our-platform\">Who are the founders on our platform?</h1><ul><li>40% of profiles are from the U.S., with 60% representing another 145 countries.</li><li>42% identify as technical (i.e. “a programmer, scientist, or engineer who can build the product without outside assistance”).</li><li>43% are working full-time (40+ hours/week) on their startup, 22% are part-time (20-40 hours/week), and the remaining spend <20 hours/week on their startup.</li><li>Of the founders who are not currently working on a startup, 47% plan to start in the next 3 months, and another 21% plan to start in the next 6 months.</li><li>13% identify as a woman.</li></ul><h1 id=\"what-do-founders-care-about\">What do founders care about?</h1>We give founders the option to mark their preferences for a co-founder across several attributes, including:<ul><li>Whether they are technical</li><li>Areas of skill (Product, Design, Engineering, Sales and Marketing, Operations)</li><li>Their level of time commitment over the next few weeks (40+ hours/week, 20-40 hours/week, or less)</li><li>Their location</li><li>Whether they have shared interests (e.g. B2B/Enterprise, Biotech, etc.)</li></ul>Founders also indicate how important each attribute is: whether it’s a must-have, whether they have a preference but are flexible, or whether they don’t care at all.The two most important attributes: 79% of founders care that their co-founder can commit a certain number of hours over the next few weeks, and 74% of founders prefer to have shared interests with their co-founder. However, only 15% and 13% see these attributes as must-haves, respectively.The least important attribute? 50% of founders don’t care where their co-founder is located, perhaps a sign of the (newly remote) times.<h1 id=\"what-industries-are-founders-interested-in\">What industries are founders interested in?</h1>Each founder can select interests from the following list: Agriculture/Agtech, Artificial Intelligence (AI), Augmented Reality/Virtual Reality (ARVR), B2B/Enterprise, Biomedical/Biotech, Blockchain, Consumer, E-Commerce, Education/Edtech, Energy, Entertainment, Financial/Fintech, Government, Hardware, Hard Tech, Healthcare, Marketplace, Non-Profit.The top 6 most popular interests:<ul><li>B2B/Enterprise (36% of founders indicate interest)</li><li>Consumer (34%)</li><li>AI (34%)</li><li>Marketplace (32%)</li><li>Fintech (29%)</li><li>E-Commerce (29%)</li></ul>Most founders select several interests; the median number of interests selected is 3. Interestingly, the most popular interests among founders who pick only 1 interest look different:<ul><li>B2B/Enterprise (17%)</li><li>Fintech (13%)</li><li>Edtech (12%)</li><li>Consumer (11%)</li><li>Healthcare (7%)</li><li>AI (7%)</li></ul><h1 id=\"what-skills-are-founders-interested-in\">What skills are founders interested in?</h1>Founders on the co-founder matching platform can claim responsibility in five areas of skill: Product, Design, Engineering, Sales and Marketing, Operations.<ul><li>65% of founders do Product</li><li>57% of founders do Operations</li><li>52% of founders do Sales and Marketing</li><li>37% of founders do Design</li><li>31% of founders do Engineering</li></ul>Here’s what founders want from their co-founder:<ul><li>62% of founders prefer a co-founder who does Engineering</li><li>42% of founders prefer a co-founder who does Product</li><li>39% of founders prefer a co-founder who does Design</li><li>37% of founders prefer a co-founder who does Sales and Marketing</li><li>28% of founders prefer a co-founder who does Operations</li></ul>Engineers seem to be in high demand. Among founders who do not do Engineering, 80% prefer a co-founder who does Engineering. Even engineers themselves are looking for more engineers: 44% of Engineering founders prefer a co-founder who does Engineering.Engineers are also looking for complementary skills though: 74% of Engineering founders prefer a co-founder who does Sales and Marketing, and 53% of Engineering founders prefer a co-founder who does Operations.<h1 id=\"who%E2%80%99s-actually-matching\">Who’s actually matching?</h1><ul><li>Founders on the platform have an average of 3.6 matches per person.</li><li>Engineers on the platform have an average of 4.8 matches per person.</li><li>Founders who aren’t married to an idea have an average of 5.1 matches per person.</li></ul>The majority of matches (68%) are made up of a technical founder paired with a non-technical founder. A bigger majority of matches (72%) are made up of founders with at least one shared interest. An even greater portion of matches (73%) are made up of a founder with an idea they’re working on paired with a founder not glued to an idea.55% of matches comprise founders located in the same country. 69% of matches are between founders in the same continent, and 61% of matches are composed of founders located within 3 time zones of each other. The rest, apparently, are from all over the world.73% of matches contain at least one full-time founder, and 92% of matches contain at least one founder who is “active” (working on a startup idea now) rather than “aspiring” (plan to work on a startup later).Finally, it seems that founders on the site are extremely active: 75% of all matches are accepted within 4.5 days of the initial invitation, and 50% of matches are accepted within 22 hours. Of the matches where founders indicate having met up either online or in person, 50% met within 6.2 days.If you are looking for a co-founder, come check out the co-founder matching platform! Sign up at <a href=https://www.ycombinator.com/"https://www.ycombinator.com/cofounder-matching/">https://www.ycombinator.com/cofounder-matching.

","comment_id":"6172e54bcf1ec1000121a4f6","feature_image":"https://images.unsplash.com/photo-1522202176988-66273c2fd55f?crop=entropy&cs=tinysrgb&fit=max&fm=jpg&ixid=MnwxMTc3M3wwfDF8c2VhcmNofDI4fHxzdGFydHVwfGVufDB8fHx8MTYzNDkyMDcxMw&ixlib=rb-1.2.1&q=80&w=2000%22,%22featured%22:false,%22visibility%22:%22public%22,%22email_recipient_filter%22:%22none%22,%22created_at%22:%222021-10-22T09:22:35.000-07:00%22,%22updated_at%22:%222021-10-22T13:07:58.000-07:00%22,%22published_at%22:%222021-10-21T09:22:00.000-07:00%22,%22custom_excerpt%22:%22YC launched a co-founder matching platform about 3 months ago. There are now 16,000 co-founder profiles on the platform. Potential co-founders have sent 130,000 matching invites through the platform, and, with a 25% acceptance rate, we’ve seen a total of 33,000 matches.","codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"authors":[{"id":"61fe29e3c7139e0001a71081","name":"Catheryn Li","slug":"catheryn","profile_image":"/blog/content/images/2022/10/catheryn.jpg","cover_image":null,"bio":"Catheryn (Cat) is a Product Engineer at YC focused on Startup School. Before that she was an engineer at Instagram and Facebook. Cat has a B.S. in Computer Science and Math from MIT.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/catheryn/"},{"id":"61fe29e3c7139e0001a710d6","name":"Katherine Bernstein","slug":"katherine-bernstein","profile_image":"/blog/content/images/2022/02/Katherine-1.jpg","cover_image":null,"bio":"Katherine is a Product Engineer at Y Combinator, working on the Startup School team. Prior to YC, she was a co-founder and software engineer at OpenLattice.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/katherine-bernstein/"}],"tags":[{"id":"61fe29efc7139e0001a71180","name":"#startup-school","slug":"hash-startup-school","description":null,"feature_image":null,"visibility":"internal","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/404/"},{"id":"61fe29efc7139e0001a7117f","name":"Startup School","slug":"startup-school","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/startup-school/"}],"primary_author":{"id":"61fe29e3c7139e0001a71081","name":"Catheryn Li","slug":"catheryn","profile_image":"https://ghost.prod.ycinside.com/content/images/2022/10/catheryn.jpg","cover_image":null,"bio":"Catheryn (Cat) is a Product Engineer at YC focused on Startup School. Before that she was an engineer at Instagram and Facebook. Cat has a B.S. in Computer Science and Math from MIT.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/catheryn/"},"primary_tag":null,"url":"https://ghost.prod.ycinside.com/what-do-people-want-in-a-co-founder/","excerpt":"YC launched a co-founder matching platform about 3 months ago. There are now 16,000 co-founder profiles on the platform. Potential co-founders have sent 130,000 matching invites through the platform, and, with a 25% acceptance rate, we’ve seen a total of 33,000 matches.","reading_time":4,"access":true,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"email_subject":null,"frontmatter":null,"feature_image_alt":null,"feature_image_caption":"Photo by <a href=https://www.ycombinator.com/"https://unsplash.com/@brookecagle?utm_source=ghost&utm_medium=referral&utm_campaign=api-credit\%22>Brooke Cagle</a> / <a href=https://www.ycombinator.com/"https://unsplash.com/?utm_source=ghost&utm_medium=referral&utm_campaign=api-credit\%22>Unsplash%22},%22mentions%22:[],%22related_posts%22:[{%22id%22:%22646fa41cbd93340001aed3be%22,%22uuid%22:%22980713b3-dc9f-481b-a067-4bbc9d803572%22,%22title%22:%22The latest Startup School talks are now available to all","slug":"startup-school-videos","html":"When you’re building a startup, you’ve got a lot to figure out.How do you know if an idea is a good one? Do you need a co-founder? How do you get your first customers? How much should you charge? How (and when) do you launch?All of these are questions that every founder asks at some point, and they’re the kinds of questions that Y Combinator’s Group Partners have helped to answer <a href=https://www.ycombinator.com/"https://www.ycombinator.com/companies/">thousands of times</a>. That’s why we built <a href=https://www.ycombinator.com/"https://www.startupschool.org//">Startup School</a>, a free online course where YC Group Partners help you answer these questions and many more while teaching you to build the foundation of a billion dollar company.Throughout the <a href=https://www.ycombinator.com/"https://www.ycombinator.com/blog/announcing-startup-school-2022/">latest Startup School session</a>, YC’s Group Partners hosted live talks for 10,000+ students tuned in over Zoom. Each talk focused on one of those topics that the Group Partners were asked about again and again— from how to evaluate an idea, to finding the right co-founder, to getting your MVP out into the world.The recordings of these talks were initially available only to Startup School students. After those students told us how helpful the videos were for them, we decided to make them available to everyone. We’ve been gradually releasing the talks over the last few months, and we’ve now released the final video from that set: How to Apply And Succeed at Y Combinator featuring Dalton Caldwell.<figure class=\"kg-card kg-embed-card\"><iframe width=\"200\" height=\"113\" src=https://www.ycombinator.com/"https://www.youtube.com/embed/B5tU2447OK8?feature=oembed\%22 frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen title=\"How to Apply And Succeed at Y Combinator | Startup School\"></iframe></figure>When it comes to applying and interviewing for Y Combinator, there aren’t many people on the planet with more insight than Dalton. As a Group Partner and a Managing Director at YC, he’s been at the core of that process for over ten years now — reviewing applications, interviewing teams, and advising YC companies like <a href=https://www.ycombinator.com/"https://www.ycombinator.com/companies/brex/">Brex, <a href=https://www.ycombinator.com/"https://www.ycombinator.com/companies/whatnot/">Whatnot, and <a href=https://www.ycombinator.com/"https://www.ycombinator.com/companies/retool/">Retool on how to succeed once they got in.Dalton packs a ton of information into just 24 minutes, like why you should apply, the weird reasons that people talk themselves out of applying (like “I'm too early”), his tips on how to improve your application, and — because founders tend to be the type of people who like to know how things work — key insights on how YC actually reads applications. He somehow sneaks some good life advice (on “creating luck”) in there while he’s at it.If you're considering applying — or, crucially, if you keep talking yourself out of it — Dalton's talk is absolutely worth the watch. (And while you're here, I'll share a little kinda-sorta-secret: though applications for the Summer 2023 batch technically closed a few weeks ago, YC reviews all applications — even those that come in late. Plenty of great companies have been accepted with late applications. But don't tell anyone I told you that. <a href=https://www.ycombinator.com/"https://www.ycombinator.com/apply/">Apply here</a>.)<hr><h2 id=\"startup-school-2022-videos\">Startup School 2022 Videos</h2>You can find the rest of the recently released Startup School videos below, or bookmark <a href=https://www.ycombinator.com/"https://www.youtube.com/playlist?list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB\%22>the entire playlist here</a>. Each video is 15-30 minutes long, and each was designed to pack as much info and insight into that time as possible.<ul><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=BUE-icVYRFU&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=2\%22>Should You Start A Startup?</a> with Harj Taggar</li><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=zBUhQPPS9AY&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=10\%22>How Startup Fundraising Works</a> with Brad Flora</li><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=Th8JoIan4dg&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=4\%22>How to Get and Evaluate Startup Ideas</a> with Jared Friedman</li><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=A4SLDQDXdp0&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=3\%22>Keys To Successful Co-Founder Relationships</a> with Catheryn Li and Divya Bhat</li><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=z1iF1c8w5Lg&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=4\%22>How To Talk To Users</a> with Gustaf Alströmer</li><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=oWZbWzAyHAE&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=5\%22>Startup Business Models and Pricing</a> with Aaron Epstein</li><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=hyYCn_kAngI&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=6\%22>How to Get Your First Customers</a> with Gustaf Alströmer</li><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=QRZ_l7cVzzU&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=7\%22>How to Build a \"Minimum Viable Product\"</a> with Michael Seibel</li><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=u36A-YTxiOw&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=8\%22>The Best Way To Launch Your Startup</a> with Kat Mañalac</li><li><a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=rP7bpYsfa6Q&list=PLQ-uHSnFig5M9fW16o2l35jrfdsxGknNB&index=9\%22>Tips For Technical Startup Founders</a> with Diana Hu </li></ul>","comment_id":"646fa41cbd93340001aed3be","feature_image":"/blog/content/images/2023/05/Startup-School-title-card-2.png","featured":true,"visibility":"public","email_recipient_filter":"none","created_at":"2023-05-25T11:08:28.000-07:00","updated_at":"2023-07-21T10:37:06.000-07:00","published_at":"2023-05-30T11:10:00.000-07:00","custom_excerpt":"The recordings of these talks were initially available only to Startup School students. 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You can subscribe here: \n<a href=https://www.ycombinator.com/"https://itunes.apple.com/us/podcast/startup-school-by-y-combinator/id1436083034/">iTunes
RSS
/n
This is the first lecture from Startup School 2019. It’s <a href=https://www.ycombinator.com/"https://twitter.com/ilikevests/">Kevin Hale</a> on How to Evaluate Startup Ideas.\nIt’s also not too late to sign up for <a href=https://www.ycombinator.com/"https://www.startupschool.org/">Startup School</a>.\nThe course just started and the deadline to sign up is August 4th. Select companies who complete the course will also receive 15,000 dollars in equity-free funding.\n<hr />\n<h1>Topics</h1>\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=0s\%22>00:00 – Why we’re starting with evaluating ideas\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=1m25s\%22>1:25 – YC doesn’t just fund companies with traction\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=2m50s\%22>2:50 – How can I predict if an investor will like my idea?\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=5m15s\%22>5:15 – A startup idea is a hypothesis\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=6m55s\%22>6:55 – The problem\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=10m55s\%22>10:55 – The solution\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=12m35s\%22>12:35 – The insight\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=14m\%22>14:00 – Founder’s unfair advantage\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=15m\%22>15:00 – Market growing 20% a year\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=15m40s\%22>15:40 – Product 10x better\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=16m30s\%22>16:30 – Acquisition model\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=17m55s\%22>17:55 – Monopoly\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=18m50s\%22>18:50 – Threshold belief\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=19m10s\%22>19:10 – Miracle belief\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=20m10s\%22>20:10 – Example: YC\n<a href=https://www.ycombinator.com/"https://youtu.be/DOtCl5PU8F0?t=23m20s\%22>23:20 – Example: Wufoo\n<hr />\n<div id=\"backtracks-player\" data-bt-embed=\"https://player.backtracks.fm/ycombinator/ycombinator/m/137-startup-school-podcast-preview-with-kevin-hale\" data-bt-theme=\"orange\" data-bt-show-art-cover=\"true\" data-bt-show-comments=\"true\">\n</div>\n<script>(function(p,l,a,y,e,r,s){if(p[y]) return;if(p[e]) return p[e]();s=l.createElement(a);l.head.appendChild((s.async=p[y]=true,s.src=r,s))}(window,document,\"script\",\"__btL\",\"__btR\",\"https://player.backtracks.fm/embedder.js\"))</script> <script> \n(function(p,l,a,y,e,r,s){if(p[y]) return; \nif(p[e]) return p[e]();s=l.createElement(a); \nl.head.appendChild((s.async=p[y]=true,s.src=r,s)) \n}(window,document,'script','__btL','__btR', \n'https://player.backtracks.fm/embedder.js')) \n</script> <script> \n!function(n,i,s,c){n[s]||(n[s]=function(i){n[s].q.push(i)}),n[s].q||(n[s].q=[]), \nc=i.createElement(\"script\"), \nc.async=1, \nc.src=\"https://c.bktrks.com/utils-1.0.0.all.min.js\", \ni.head.appendChild(c)}(window,document,\"BTUtils\"); \nBTUtils(function(use) { \n var options = { \n autoplayLinks: false \n }; \n use('backtracks-autolink', options).init(); \n}); \n</script>\n<hr />\n<h1>Subscribe</h1>\n<a href=https://www.ycombinator.com/"https://itunes.apple.com/us/podcast/y-combinator/id1236907421/">iTunes
Breaker
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Catheryn Li

Katherine Bernstein